Tag Archives: Attack

one of the two Saudi vessels attacked was on its way to be loaded with Saudi crude from Ras Tanura port for delivery to state-owned Saudi Aramco’s customers in the United States.

The sudden risk to Libya’s oil supply comes at a time when the broader global oil market is tightening.

The West has sought for decades to secure oil resources for its own energy security.

Iran is currently exporting gas to Iraq. Armenia. and Turkey.

Iran relies on its domestic capabilities for ensuring security and promoting industrial development.

Russian oil producers are an attractive investment long-term because they have some of the lowest lifting costs globally.

The difficulty is for the intruder to drill down into the computer-managed engineering systems of the grid and attack the programmable controllers.

Libyan crude has been seen as an additional alternative to Iranian supplies.

With US rig activity stalling and Iran sanctions looming. the oil market outlook is tightening.

Tripoli was shaken by clashes between rival armed groups at the beginning of this month.